Entries by Staff

RBI Integrated Ombudsman Scheme 2026 – Key Changes

January 17, 2026 /0 Comments/in , , /by

– Chirag Agarwal & Siddharth Pandey | finserv@vinodkothari.com Background  The framework for Integrated Ombudsman Scheme (IOS) constitutes a cornerstone of the RBI’s customer protection and grievance redressal mechanism across the financial sector. With the objective of providing customers a single, unified and accessible platform for redressal of complaints against Regulated Entities, the RBI introduced the […]

From Capital Assets to Stock-in-Trade: Taxing “Notional” Gains in Amalgamations

January 14, 2026 /0 Comments/in , , , , /by

Decoding Supreme Court ruling in Jindal Equipment Leasing Consultancy Services Ltd. v. Commissioner of Income Tax Delhi-II, New Delhi – Sourish Kundu | corplaw@vinodkothari.com One of the most common modes of corporate restructuring is merger, and one of the most crucial aspects in assessing the commercial viability of a proposed merger is its tax implications. […]

Related Party Lending: RBI rules for foreign banks

January 7, 2026 /1 Comment/in /by

– Aparajita Das, Executive | corplaw@vinodkothari.com The recently issued RBI (Commercial Banks – Credit Risk Management) Amendment Directions, 2026 has revised and consolidated the regulatory framework governing lending to related parties. The revised framework strengthens governance standards, expands the scope of “related parties”, and introduces enhanced approval, monitoring, and disclosure requirements. The amendments have been […]

Lending to your own: RBI Amendment Directions on Loans to Related Parties

January 6, 2026 /0 Comments/in , , , /by

-Team Finserv | finserv@vinodkothari.com On January 5, 2026, the RBI issued the Amendment Directions on Lending to Related Parties by Regulated Entities. Pursuant to this, changes were introduced to Reserve Bank of India (Non-Banking Financial Companies – Credit Risk Management) – Amendment Directions, 2026 (CRM Amendment Directions) and Reserve Bank of India (Non-Banking Financial Companies […]

Credit Risk Management Rules modified: RBI brings revised norms on Related Party Lending and Contracting

January 6, 2026 /0 Comments/in , /by

– Team Corplaw | corplaw@vinodkothari.com Continuing with the spree of regulatory changes brought in 2025, RBI has issued Amendment Directions on Lending to Related Parties by Regulated Entities. Separate notifications have been issued for each regulated entity, based on the draft Directions for lending and contracting with related parties issued on 3rd October, 2025. We […]

Does Co-lending Make Default a Communicable Disease?

January 5, 2026 /0 Comments/in , /by

How to ensure uniform asset classification under co-lending Simrat Singh | finserv@vinodkothari.com Asset classification under RBI regulations has always been anchored to the borrower, not to individual loan facilities. Once a borrower shows repayment stress in any exposure, it is no longer reasonable to treat the borrower’s other obligations as unaffected; prudence requires that all […]